Posts Tagged ‘ Marissa Mayer ’

Yahoo Board to Consider $1.1 Billion, All-Cash Deal to Acquire Tumblr

May 20th, 2013 | By

According to sources close to the situation, the Yahoo board plans to meet Sunday to decide whether to approve a $1.1 billion all-cash offer for New York-based blogging site Tumblr. Yahoo has been mulling some kind of deal with the hip New York-based blogging site, from a strategic investment to an outright acquisition. Sources said